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HOOD

Robinhood Markets Inc. (NASDAQ:HOOD) is set to introduce new trading products during a live stream event on October 16, 2023. The company has been expanding its product offerings, including a credit card and a share lending program in the U.K., as part of its global expansion strategy. Robinhood's recent operating data shows growth in funded customers and assets under custody, with significant increases in trading volumes. The stock has risen significantly this year, reflecting investor optimism.

Portfolio Pulse from Vandana Singh

September 13, 2024 | 6:35 pm

BELT

IYG

MA

Mastercard is acquiring Recorded Future for $2.65 billion to enhance its cybersecurity services. Analysts see this as a positive move, expecting synergies and revenue growth by 2025. Mastercard shares rose 0.54% following the announcement.

Portfolio Pulse from Lekha Gupta

September 13, 2024 | 6:31 pm

TEM

Tempus AI shares rise as the company announces four abstracts accepted for presentation at ESMO Congress 2024.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:27 pm

NUVL

Nuvalent shares rise following the announcement of a cancer discovery publication detailing the design, preclinical activity, and early clinical data of their ALK-Selective Inhibitor NVL-655.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:26 pm

CVAC

CureVac shares rise following the presentation of positive Phase 1 study results for its CVGBM cancer vaccine targeting Glioblastoma at the ESMO 2024 Congress.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:21 pm

SONY

Pocketpair, the developer of Palworld, is considering transitioning the game to a free-to-play model to enhance profitability. Despite its success on Steam and Xbox, the shift presents challenges as the game wasn't initially designed for live-service. Pocketpair is also collaborating with Sony to expand the Palworld brand into merchandise and music.

Portfolio Pulse from Franca Quarneti

September 13, 2024 | 6:15 pm

INTC

MBLY

VYM

XLK

Intel has secured approximately $2 billion in state aid from the European Commission for its new chip plant in Poland. The plant, initially announced in 2022, is expected to be completed by the end of 2024. Intel's stock has been down 50% over the past year, and the company is considering strategic stake sales in Mobileye and its Enterprise Networking division.

Portfolio Pulse from Anusuya Lahiri

September 13, 2024 | 6:15 pm

TSLA

Tesla is set for a significant October with third-quarter deliveries, earnings, and Robotaxi Day. Analyst George Gianarikas from Canaccord Genuity advises focusing on delivery figures before Robotaxi Day. He has adjusted his delivery estimates slightly downward but remains optimistic about Tesla's performance.

Portfolio Pulse from Chris Katje

September 13, 2024 | 6:08 pm

MSFT

Microsoft's recent layoffs have impacted Activision Blizzard's mobile game teams, particularly those working on Call of Duty: Warzone Mobile and Warcraft Rumble. Despite high expectations, Warzone Mobile has underperformed, leading to team reductions. Warcraft Rumble also faces waning interest. These developments raise questions about Microsoft's mobile gaming strategy post its $69 billion acquisition of Activision Blizzard.

Portfolio Pulse from Franca Quarneti

September 13, 2024 | 6:08 pm

BGLC

BioNexus Gene Lab shares rose following an outsourcing agreement with VITARRAY Global to provide mRNA dynamic gene detection services in Southeast Asia.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:55 pm